Invoice Factoring Service - Funding Decisions within 24 Hours
Invoice Factoring Rates : 0.05%
Accounts Receivable Financing - Call Us Today! Factoring Company
At Caprock Funding we are specialists in factoring and offer factoring lines from $20,000 to $2,500,000. For those unfamiliar with factoring, we purchase commercial accounts receivable at a discount as a means of providing needed working capital to small and medium-size companies across the country.
We work with you directly from answering your questions and helping you determine if factoring is a good fit to offering you rates starting at 0.05% per day. As the direct lender we also service your factoring line and work with you daily. Typically our clients either do not qualify for bank financing or they need a larger credit facility than their bank will issue.
Companies factor their invoices with Caprock when they are faced with new growth opportunities or when they need to meet seasonal demands. Others maybe under capitalized or have experienced recent losses.
We provide our clients three tools, money, attention to detail, and 7-day-a-week reporting and access to management. Our reputation continues to be built on executing this daily and helping our clients reach the next milestone. We want to put our 25 plus years of factoring experience to work for you or your client. Our factoring credit facilities provides a profitable alternative to a traditional bank line of credit, equity or subordinated debt. Most of the time we can talk with you over the phone and determine in less than 5 minutes if we can help you and how much it will cost.
Don't hesitate to call or email us so we can both determine if we are a good fit for your capital request.
Houston Accounts Receivable Financing
Have you tried to get credit for your business from your bank? Did you find that you don’t meet the bank’s qualifying requirements or that you need a larger credit facility than what your bank will issue? If so, you should consider Caprock Funding. We are specialists in Houston accounts receivable factoring. If you aren’t familiar with factoring, you’ll learn more about this service below.
Houston Accounts Receivable Financing Company
Factoring is the purchasing of commercial accounts receivable at a discount as a means of providing needed working capital to small and medium-size companies across the country. The Houston factoring company – Caprock Funding – advances between 80 percent and 90 percent of the gross invoice amount to you, which provides the immediate and predictable cash flow you need.
Utilizing an accounts receivable financing company in Houston TX is an easy and quick way to turn your company’s invoices into cash. Here is an example of how factoring might work. Your company has difficulties managing your cash flow because invoices are paid at unpredictable times. You may have about $30,000 in invoices issued each month, but the clients can take between 30 and 90 days to pay. You decide to use a factoring company in Houston TX. They advance you the money immediately for the invoices, collect the debt and manage your sales ledger. As an added bonus, your administrative costs are cut down.
More Benefits of Factoring
Here are some more benefits of Houston accounts receivable factoring:
- Have money available to pay your employees
- Have the credit ready to fund the new business or contract you just won
- Purchase machinery and equipment or inventory
- Pay off tax liens
- Take advantage of any trade discounts
- Stay current with vendors
At Caprock Funding, we can also run credit analysis for prospective or existing customers. You will be able to make more informed credit decisions with our analysis and reports. You can also reduce bad debt to your company.
There is no minimum amount of invoices that you must sell to us. Your company’s needs will dictate how much to factor. The costs of accounts receivable factoring in Houston TX are determined by invoice payment cycles, estimated monthly volume of factoring, and your customers’ credit strength.
Contact Caprock Funding to Learn More
Are you ready to learn more about factoring and see how it can help your company? Our Houston accounts receivable factoring is financing that grows with you. Simply give us a call at 713-364-5550, and we will have a funding decision to you within 24 hours.